John Miller V, Vice President at Nuveen Build America Bond Opportunity Fund, a parent company of Nuveen Enhanced Municipal Value Fund Common Shares of Beneficial Interest (NYSE:NEV), purchased 2,000 shares of common stock last October 14, 2014, at a unit price of $14.78. This is the third acquisition reported by Mr. Miller this year, and the second during the last fifteen days. Mr. Miller now possesses a total of 5,400 shares, 3,922 shares under direct control and another 1,500 indirectly, through the spouse.
The optimism around Nuveen Enhanced Municipal Value Fund Common Shares of Beneficial Interest (NYSE:NEV) is confirmed by the absence of shares sold in the open market by institutions and high ranking company officials.
Nuveen Enhanced Municipal Value Fund Common Shares of Beneficial Interest (NYSE:NEV)’s objective is to provide current income exempt from regular federal income tax, and to enhance portfolio value and total return.
Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.
Suggested Articles:
Top Accounting Scandals of All Time
